As of 1 April 2018, the statutory rates of pay for family-related leave will increase. This relates to maternity, paternity, shared parental and adoption leave.
The statutory weekly rate of pay will rise from £140.98 to £145.18 (or 90% of the employee’s average weekly earnings if less that this amount) for maternity, paternity and shared parental leave. Adoption leave is paid at 90% of an employee’s average weekly earnings for the first 6 weeks of leave and the remainder of the leave period at £145.18 (or 90% of average weekly earnings if less than this amount).
How to prepare…
Check employees currently on family-related leave start and end dates
Ensure company policies are updated
Issue notification to affected employees
Ensure information is relayed to payroll department
Statutory Sick Pay
Statutory Sick Pay (SSP) will increase from the current rate of £89.35 to £92.05 per week, and is expected to come into force on 6 April 2018. An employee is entitled to SSP if their average weekly earnings are equal to, or more than, the lower earnings limit, which will increase to £116.00 from £113.00.